Business Specialties
Wisconsin Industrial Recovery Continues
A national presort services firm signed a long-term lease agreement for most of the space at 9053 N. Deerwood, a 154,400-square-foot warehouse/distribution facility within the 40-acre Brown Deer Business Park, which is owned by HSA in a joint venture with Morgan Realty Partners. The 10-building industrial and office complex sits approximately 10 miles north of downtown Milwaukee.
11 Times Square’s 400,000-SF Anchor Tenant Moves In
International law firm Proskauer Rose L.L.P. has taken space at the newly constructed 1.1 million-square-foot office and retail building developed by SJP Properties in Midtown Manhattan.
CoreSite to Expand Project
With development rights secured for the Santa Clara campus, three new data centers and an electrical substation will join the firm’s existing 50,000-square-foot data center at 2901 Coronado Drive, a 10-month-old facility leased in its entirety to a single tenant.
Tishman Speyer Plans Tower in Frankfurt
The company just revealed plans to build TaunusTurm, a premier 650,000-square-foot office tower in the German city’s financial hub.
Dallas Multi-Family Project Cinches Loan
The 341-unit property is scheduled to open next year in the city’s Design District.
Hotels Draw Buyers
A vintage California property and a hotel in the nation’s capital are only the latest signs of heightened investor interest.
Joint Venture Sets Sights on Renewed Brownfield Market
Brownfield Partners L.L.C. has joined forces with EnviroFinance Group L.L.C. to launch a subsidiary focusing on brownfield redevelopment.
Northwest Care, Heitman Eye Seniors Housing in $125M Venture
The West Coast-focused strategy includes potential markets such as Portland, Sacramento, San Francisco, Los Angeles and San Diego.
South Florida Retail Center Fetches $66M in Sale to REIT
New owner Federal Realty Investment Trust cited the property’s densely populated Broward County trade area as well as its significant redevelopment potential.
Angelo, Gordon Takes Suburban Cincinnati Industrial Asset
Stan Johnson Co. arranged the sale of the 335,700-square-foot property for Cincinnati United Contractors, which developed the property in 2001.